USAID Provides 2 Grants Totaling USD 1.35 mn to the US-based Microfinance Network Opportunity International

Opportunity International, a microfinance network based in the United States, received two grants from the United States Agency for International Development (USAID) totaling to over USD 1.35 mn. These grants are provided by USAID to match portions of the two recent grants from the Bill & Melinda Gates Foundation, which has provided approximately USD 17.6 mn in grants and loans to Opportunity International since November 2005. Opportunity International announced in a press release that it will use the funds “to expand its microfinance services to the poor in Malawi and Mozambique.”

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